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Consider a hypothetical situation at work. To prepare for an upcoming bilateral meeting with government representatives of another country, your manager asks your unit to

Consider a hypothetical situation at work. To prepare for an upcoming bilateral meeting with government representatives of another country, your manager asks your unit to conduct an economic analysis of the Canadian economy, summarizing any recent findings about financial flows and trade between the two countries. As part of the binder to be prepared for this meeting, your study focuses on the Canadian macroeconomy and capital flows before and after 2020

Data analysis: Analysis of the immediate effect of the pandemic since March 2020 on: BOP item: Current Account as share of GDP (IMF Variable codes: BCA_NGDPD Economic Activity item: Nominal GDP, USD bn (IMF variable code: NGDPD) Government spending item: Government revenues as share of GDP (IMF variable code: GGR_NGDP)

Note: comment on the observed trends / projections before and after 2020

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A B C D E F G H J K L M N O P Q Country Subject IUnits Scale Country/ 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Estimates Sta Canada Gross donU. S. dol Billions See notes 1, 556. 51 1, 528. 00 1, 649. 27 1, 721. 82 1, 741. 58 1, 643. 41 1, 883. 49 2, 030. 62 2, 142. 96 2, 243. 38 2, 349. 54 2020 3 Canada General Percent of GDP See notes 39. 957 40. 3 40. 343 41. 142 41. 495 41. 786 40. 143 40. 418 41. 27 41. 816 41. 998 2020 4 Canada Current Percent of GDP See notes -3. 495 -3. 088 -2. 803 -2. 341 -2. 051 -1. 936 -0. 779 -1. 282 -1. 826 -1. 714 -1. 823 2020 6 International Monetary Fund, World Economic Outlook Database, April 2021 8 9 10 NGDPD 11 GGR-NGDP BCA-NGDPD 42.5 12 2,500.00 0 42 13 -0.5 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 14 2,000.00 41.5 -1 15 41 1,500.00 16 40.5 -2 17 1,000.00 40 18 39.5 -2.5 500.00 19 39 -3 20 0.00 38.5 -3.5 21 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 -4 22 Canada 23 - Canada - Canada 24 25 26 27 28 29 30 21 WEO Data +

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